BR100 Decreased By (-0.03%)
BR30 Decreased By (-0.19%)
KSE100 Decreased By (-0.25%)
KSE30 Decreased By (-0.48%)
BECO 5.86 Decreased By ▼ -0.17 (-2.82%)
BML 57.79 Increased By ▲ 5.04 (9.55%)
BOP 33.84 Decreased By ▼ -0.41 (-1.2%)
CNERGY 8.16 No Change ▼ 0.00 (0%)
DCL 11.78 Decreased By ▼ -0.56 (-4.54%)
FCCL 53.68 Decreased By ▼ -0.21 (-0.39%)
FCSC 5.47 Increased By ▲ 0.25 (4.79%)
FFL 17.83 Decreased By ▼ -0.20 (-1.11%)
FNEL 1.30 No Change ▼ 0.00 (0%)
HUMNL 11.15 Increased By ▲ 0.15 (1.36%)
KEL 8.09 Decreased By ▼ -0.02 (-0.25%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 88.17 Increased By ▲ 0.12 (0.14%)
NBP 183.60 Decreased By ▼ -2.88 (-1.54%)
PACE 11.66 Increased By ▲ 0.94 (8.77%)
PAEL 40.25 Increased By ▲ 0.31 (0.78%)
PIAHCLA 26.16 Decreased By ▼ -0.01 (-0.04%)
PIBTL 17.24 Decreased By ▼ -0.08 (-0.46%)
PPL 230.88 Decreased By ▼ -1.90 (-0.82%)
PRL 34.49 Decreased By ▼ -0.46 (-1.32%)
PTC 67.70 Increased By ▲ 0.14 (0.21%)
SEARL 91.33 Increased By ▲ 0.40 (0.44%)
SSGC 26.89 Decreased By ▼ -0.28 (-1.03%)
TELE 8.57 No Change ▼ 0.00 (0%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.42 Increased By ▲ 0.66 (7.53%)
TREET 24.57 Increased By ▲ 0.03 (0.12%)
TRG 71.99 Increased By ▲ 0.24 (0.33%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)

PESHAWAR: Business community has rejected collection of ‘fixed tax’ through electricity bills and demanded of the federal government to withdraw it forthwith.

Hasnain Khurshid Ahmad, president Sarhad Chamber of Commerce and Industry while chairing a meeting of local traders’ here at the chamber’s house said the government has collected sales tax from Rs3,000 up to Rs20,000 through electricity bills, which couldn’t be acceptable to them.

Without differentiating between small and large-scale businesses, and godowns, the forced system of ‘fixed’ sale tax on commercial power meters was reflection of the government’s anti-business policies and tantamount to economic-murder of traders’ community, Khurshid said.

The meeting was attended by the chamber’s senior vice president Imran Khan Mohmand, vice president Javed Akhtar, Anjuman e Tajaran Peshawar president Haji Muhammad Afzal and other trader’ leaders, office bearers of various bazaars and markets associations.

Participants of the meeting termed the government’s decision as economic murder of the traders’ community. The traders have already paid ‘sales tax’ and again collection of ‘fixed tax’ from Rs3,000 to Rs20,000 through power bills is completely unjustifiable and unfair, the speakers said.

The SCCI’s chief said the frequent increase in power tariffs and collection of Fuel Price Adjustment (FPA) in power bills is strongly condemnable and unacceptable.

The traders’ leader asked the government to take back its decision to collect additional taxes on power bills in the name of FPA and others.

The traders warned to besiege the building of Wapda house if in case, the disconnection of power supply of their shops and business premises.

Hasnain Khurshid asked the federal government to refrain from imposing anti-traders and business policies. He added said traders and poor people couldn’t afford any new tax, subsequent increase in inflation.

The chamber’s president vowed to strongly resist the government’s decision of a fixed ‘sales tax’ on power bills by launching a vigorous agitation campaign across the KP province.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.